iShares Russell 2500 ETF (BATS:SMMD) Sets New 12-Month High at $66.00

iShares Russell 2500 ETF (BATS:SMMD) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $66.00 and last traded at $65.66, with a volume of 41514 shares changing hands. The stock had previously closed at $64.96.

iShares Russell 2500 ETF Stock Performance

The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. The business has a 50-day moving average of $63.24 and a 200-day moving average of $62.48.

Institutional Trading of iShares Russell 2500 ETF

A number of large investors have recently made changes to their positions in SMMD. Cresset Asset Management LLC boosted its position in shares of iShares Russell 2500 ETF by 149.1% in the 4th quarter. Cresset Asset Management LLC now owns 509,552 shares of the company’s stock valued at $31,373,000 after purchasing an additional 305,015 shares during the period. Heritage Wealth Management LLC purchased a new stake in iShares Russell 2500 ETF during the 4th quarter valued at approximately $12,576,000. International Assets Investment Management LLC purchased a new stake in iShares Russell 2500 ETF during the 4th quarter valued at approximately $10,254,000. Orion Portfolio Solutions LLC raised its stake in iShares Russell 2500 ETF by 72.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 285,764 shares of the company’s stock valued at $17,300,000 after acquiring an additional 120,330 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its stake in iShares Russell 2500 ETF by 8.4% during the 4th quarter. Coldstream Capital Management Inc. now owns 1,554,735 shares of the company’s stock valued at $95,725,000 after acquiring an additional 120,123 shares during the last quarter.

iShares Russell 2500 ETF Company Profile

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.